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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Adrianne Appel2022-12-19T19:34:00
Epic Games, developer of the popular video game Fortnite, agreed to pay a record-breaking $520 million in penalties and restitution and adopt stronger privacy protections to settle allegations it violated online child privacy laws and employed illegal purchase patterns.
The developer violated the Children’s Online Privacy Protection Act (COPPA) and its related rule by collecting the names, email addresses, and other personal information of underage players without parental consent, the Department of Justice (DOJ) and Federal Trade Commission (FTC) alleged. Epic Games was further cited for violating the FTC Act by implementing default privacy settings that could harm younger players.
Epic Games agreed to pay $275 million in civil penalties as part of its settlement filed Monday in U.S. District Court for the Eastern District of North Carolina. The total is a record for a COPPA violation, the agencies noted.
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News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
Annual Membership $499 Value offer
Full price one year membership with auto-renewal.
Membership $599
One-year only, no auto-renewal.
2023-06-21T19:55:00Z By Jeff Dale
The Federal Trade Commission filed a complaint against e-commerce giant Amazon for allegedly enrolling consumers into Amazon Prime without their consent and making it difficult to cancel Prime subscriptions.
2023-06-06T14:31:00Z By Kyle Brasseur
Microsoft agreed to pay $20 million as part of a settlement with the Federal Trade Commission addressing allegations its Xbox video game platform illegally collected and retained the personal information of children.
2023-06-01T20:34:00Z By Adrianne Appel
Amazon is set to pay more than $30 million comprised of a civil penalty and consumer refunds to resolve two separate cases alleging privacy violations regarding its Alexa voice assistant service and Ring doorbell subsidiary.
2024-12-10T18:35:00Z By Adrianne Appel
A lack of supervision and internal controls at Morgan Stanley Smith Barney allowed four of its investment advisers to steal millions from customers before the behavior was detected, the SEC said in charging the firm.
2024-12-06T17:31:00Z By Aaron Nicodemus
A subsidiary of McKinsey & Co. will pay nearly $123 million to the Department of Justice to settle allegations that it bribed officials in South Africa to win consulting contracts.
2024-12-06T12:45:00Z By Jaclyn Jaeger
A defamation lawsuit filed by a whistleblower against USAA, which a Florida judge recently dismissed on a technicality, revealed in public court records an estimated 400,000 violations of the Military Lending Act by USAA Federal Savings Bank (USAA Bank), an indirect wholly owned subsidiary of USAA.
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